I am hoping to receive a mortgage offer from Nat West. I would like to enlist the help of a Licensed Conveyancer in Chelsfield. Does the Nat West Conveyancing panel allow for conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Is it possible for conveyancing in Chelsfield to be finalised inside two weeks?
Where the seller is applying pressure for your conveyancing it is highly recommended that your conveyancer is familiar with the area as they will benefit local connections and intelligence. It is even conceivable that they could have handled previousproperties in the same neighbourhood. You would be best advised to use a Chelsfield conveyancing firm. In addition, check that the conveyancing firm is on the on the approved list for your mortgage company. It is understood that nearly one in five of Chelsfield conveyancing transactions are delayed or jeopardised after finding out that a purchaser’s conveyancer was not on their mortgage lender’s member panel. This can often result in the conveyancing being delayed by as much as three weeks. It is understood that this issue affects in the region of 100,000 home sales every year. Most Chelsfield conveyancing firms can not act for certain mortgage companies so do check at the outset.
In what way does my ID and proof of funds have anything to do with my conveyancing in Chelsfield? Why is this being asked of me?
Chelsfield conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to check the identity of any client with a view to ensure that clients are who they say they are.
Conveyancing clients will need to supply two forms of certified identification; proof of identity (usually a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).
Proof of source of monies is also necessary in accordance with the money laundering laws as lawyers have a duty to investigate that the funds you are using to purchase a property (whether it be the deposit for exchange or the total purchase monies where you are a cash purchaser) has come from legitimate source (such as an inheritance) and is not the fruits of criminal activity.
I am looking to buy a flat and require a conveyancing solicitor in Chelsfield who is on the HSBC Bank conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as Chelsfield. We dont recommend any particular firm.
I am purchasing my first flat in Chelsfield benefiting from help to buy. The developers refused to budge the price so I negotiated £7000 of extras instead. The estate agent advised me not reveal to my solicitor about this extras as it could affect my mortgage with Chelsea Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
As co-executor for the estate of my uncle I am disposing of a house in Neath but I am based in Chelsfield. My conveyancer (based 235 miles awayneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing solicitor in Chelsfield who can witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Chelsfield based